Manufacturing Extension Partnership

The Maryland Manufacturing Extension Partnership (MD MEP) is a non-profit organization funded by industry and the State of Maryland that is focused on growing and strengthening Maryland manufacturers. Serving mostly small- and mid-size manufacturers (500 employees or less) across all industries, MD MEP provides an array of programs and services to help these local companies operate more efficiently, grow profitability and create more jobs and opportunities in Maryland. MD MEP is part of the MEP National Network™ and has served more than 400 manufacturers across the state, generating more than $217 million in economic impact and more than 900 jobs.

ExportMD Program

Maryland companies that receive an ExportMD Award are eligible for up to $5,000 in reimbursement for expenses associated with an international marketing project. The program is funded in part through a Cooperative Agreement with the U.S. Small Business Administration.​

Eligible expenses are any expenses related to an international marketing initiative including trade show fees, airfare, translation of brochures and web site development. 

Companies that do not qualify for the ExportMD program can still receive other forms of assistance through the Maryland Office of International Investment and Trade​ (OIIT)​. Please contact the office to learn what resources may be available to your firm.

http://commerce.maryland.gov/fund/programs-for-businesses/exportmd-program

Delmarva Power, EDGE Maryland

EDGE Maryland encourages business growth by offering a discount on energy bills to companies that expand or relocate to the Eastern Shore of Maryland. EDGE Maryland offers businesses a 20 percent discount off the electric delivery distribution portion of their rate for a five-year period based on certain qualifications.

https://www.delmarva.com/MyAccount/MyBillUsage/Documents/PHI_DPL.MD_EDGECommBroch_2.18-ADAComp.pdf

https://www.delmarva.com/Pages/Energy-Discounts-for-Growing-Enterprises.aspx

Opportunity Zone

Kent County's Opportunity Zone includes 8.3 square miles or 5,330 acres in Chestertown.

Opportunity Zones are a nationwide initiative administered by the U.S. Treasury created under the 2017 Tax Cuts and Jobs Act. The program provides federal tax incentives for investment in communities over the next 10 years.

The provision in the tax code allows investors to take advantage of big breaks on federal capital gains taxes by investing in small businesses and housing in lower-income communities.

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Innovation Internships

Washington College and Kent County have teamed up to create “Innovation Internships” for students. We are looking for businesses and organizations committed to enhancing their organizational goals and the development of a Washington College student.

“Innovation Internships” are project based, paid, part-time internships that last one semester. Students will work on a semester long project aimed at applying innovative ideas to improve a specific process or aspect of the business they are working with, as well as their regular classwork at Washington College.

 

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Maryland's Commercial Property Assessed Clean Energy (MD-PACE) Program

Maryland PACE program

 

MD-PACE is an innovative and affordable way for commercial, industrial, and nonprofit building owners to pay for energy improvements. 

Through MD-PACE, commercial, industrial, and nonprofit properties use private capital to finance 100% of efficiency and renewable energy upgrades which are then repaid as a long-term surcharge on the property. This kind of voluntary surcharge added to a property’s tax bill is similar to a surcharge for a sewer or water line; this approach makes energy upgrades accessible, allowing owners to reduce energy and operational costs and improve their buildings’ overall value.

 

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Chestertown HUBZone

The HUBZone Contracting Program stimulates economic development and creates jobs in urban and rural communities by providing Federal contracting preferences to small businesses. These preferences go to small businesses that meet specific criteria. Learn more...

 

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Vineyard Initiative

Kent County, Maryland has historically prized its agricultural heritage, and was named the “2007 Best Place to Live in Rural America” by Progressive Farmer Magazine.  

In order to continue that legacy, Kent County has encouraged and supported the use of diverse agricultural products and processes. Our latest effort in support of a strong agricultural economy was to aggressively promote a significant expansion in the wine-quality grape growing industry in our county and our region....

 

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